Post
Topic
Board Speculation
Re: Bitcoin Gradually Increased in Price in September, Case for a Bull Run in 2018
by
feelivent
on 17/10/2018, 12:15:17 UTC
I honestly don't think that a bull run of any particular magnitude is due to happen this year.

The facts are simple, prices are still relatively stagnant and even when there may be short periods where growth happens, it's still of an extremely small volume and has never lasted long enough for it to be considered to be a trend reversal.

Besides, the bearish sentiment pretty much prevents all of this from happening I believe in the near future, as we've seen another correction hit us recently.

Of course, it would be different if the time frame was expanded. I wouldn't doubt that the recovery would come next year, but definitely not this year imo.
What will be the reasons because I want to know? Every speculation must be with proof. If not so then it is just predictions and is not right to follow. The price will increase in September while we are in mid-October and the price is still the same as it was several months ago. There is no positive sign in the market and it seems that the price will not increase atleast in this year.